The Sales Amount of Turkish Citizenship Through Real Estate Was Changed
The conditions for applying for Turkish citizenship through real estate investment in Turkey are changing. The value of the real estate to be purchased for the Turkish citizenship application is increased. According to the decision taken at the Presidential Cabinet meeting held on 12.04.2022, the Turkish citizenship application requirement, which was 250 thousand dollars, will be increased to 400 thousand dollars. The regulation will enter into force after its publication in the Official Gazette. The price to be paid for the purchase of a property for Turkish citizenship was reduced from 1 million dollars to 250 thousand dollars with a decision taken in September 2018.
The requirement to apply for Turkish citizenship through real estate investment has been changed
With a new regulation expected to be published in the Official Gazette in the coming days, the real estate price to be purchased for exceptional Turkish citizenship will be increased from 250 thousand to 400 thousand dollars. Within the scope of the decision taken at the Presidential Cabinet meeting chaired by President Recep Tayyip Erdogan on 12.04.2022, it is envisaged to amend the "b" clause of the 2nd paragraph of the 20th article, which contains the provisions regarding the acquisition of Turkish citizenship.
According to this change, which is planned to be published in the Official Gazette in the coming days, it will be possible to acquire Turkish citizenship by the decision of the President of the Republic of Turkey.
"The decision to increase the real estate value to 400 thousand dollars for the application for Turkish citizenship has been published in the Official Gazette. The decision will be valid from the date of 13 June 2022. You can check the latest updates on our website."
Professional sales consultants of Diyar Turk Real Estate have helped dozens of people on their way to becoming Turkish citizens through real estate. Contact us now, if you want to apply for Turkish citizenship through real estate with the support of our professional team.